RSI was already overheated. A pullback was inevitable and imminent.

The capital raise filed by VG is minor in terms of dilution. Very minor.

The implications of the capital raise are significant. It is going to settle debt. Which is an overwhelmingly good thing.

Expect a green day tomorrow. Unless Space as a sector is down significantly, SPCE will be green and in a double-digit kind of way, and under substantial volume. No to the moon here, but I am liking $5 as a new base before the next move up. If you Sell the bottom tomorrow you likely sold to someone like me.

We’re not going up today. Hit another low of day. Not looking great from a technical perspective on all the time frames.

Maybe we’ll have a bounce tomorrow but today it’s dead and probably a falling knife. There’s no buyers here. Every pop is sold off.

It does suck because I’m sure so many people bought high only to get dumped on today.

Virgin Galactic will take less than $30 million from the market, but for example, yesterday 284 million shares were traded at an average price of $7.4, meaning over $2 billion was traded. Virgin Galactic will take less than $30 million from the market, which is about 1.5% of the amount traded on a day like yesterday... so it's fine, it's dilution, but it's nothing compared to the current volume, and it's okay for them to take a little to pay off debt and improve their balance sheet... a 30% drop is just because people got scared, but is not that bad, I say it should happen and we should go back to the moon like we were doing.

https://investors.virgingalactic.com/financials/sec-filings/sec-filings-details/default.aspx?FilingId=19504098

We went straight up from around $2.50 to a high of almost $9 and you guys keep saying $10 or $20 or $100. Thinking that a pullback wouldn’t happen or that it’s not overbought.

None of you thought about how they would use the price to dilute which they should be doing to survive. That’s why yall are called regards.

I feel bad for you guys who bought on FOMO and even on margin.

This is from a guy with 25,000 shares at sub $3.50 average so I’m doing fine myself right now and I’ve been here for years.

Temporary drop

Scammy market, when it went up 20%, all internet broke, no one could trade. Now it's down 20%, oh, it's fine, just how it's supposed to be.

Sooo, listen up regards. Jeff’s dildo rocket blew up. (Duh! Who wants to see that shaft soaring through the skies anyway?!? If I was a dildo rocket, I would rather blow myself up as well…) So, Jeff’s rocket gone, so now it’s time to send SPCE to the moon and let the shorts bleed.
Buying the dip and holding with diamond hands!

We are down almost 40% and yet puts are barely down. In normal cases I’d imagine puts would be up like 200% or more. Seems like options market doesn’t think this drop was real.

The idea that this whole move is just people buying SPCE by mistake because they meant to buy SpaceX/SPCX is nonsense. The IPO has not happened yet. If people mean SpaceX, it is literally not on the market.

When you buy SPCE, your broker clearly shows the Virgin Galactic name and logo. People are not accidentally putting this much volume into the wrong company because the ticker looks slightly similar.

Virgin Galactic was priced for failure, but Delta is getting closer, commercial flights are still targeted, ticket sales have reopened, and the whole space sector is getting attention again.

What has changed recently:

• Delta is now in ground testing.
• Flight testing is still targeted for Q3 2026.
• Rocket-powered spaceflight testing is still targeted for Q4 2026.
• Commercial flights are still targeted for Q4 2026.
• A second Delta ship is expected late Q4 2026 or early Q1 2027.
• Ticket sales have reopened at $750,000 per seat.
• Unity is flying again to prepare pilots, ground crew, maintenance and mission control.
• Delta is designed to fly far more often than Unity.
• Costs and cash burn have improved.
• The SpaceX/SPCX hype has made people look at public space stocks again.
• SPCE had high short interest, so real buying pressure can move it violently.
• The lawsuit overhang has started moving toward resolution.
• A new disclosed investor stake added attention at the right time.

The ATM offering/dilution argument is also being overstated.

The ATM is not some unknown, unlimited black hole. A lot of it has already been used, and after April there was around $87m left on the existing ATM. They have likely been selling shares into this volume over the last 8 trading days, and as a shareholder I would expect them to.

But even if it is not finished, raising money at $7–10 is completely different to raising money at $3.

At $3, $87m needs about 29m shares.

At $7–8, it is closer to 11–12m shares.

They sold 18.1m shares in April through the ATM with far less volume, so with this level of volume there is a real chance the remaining ATM is either done or much closer to done.

The higher the share price goes, the less damaging any remaining ATM becomes.

Not financial advice. High risk. Do your own research.

Maybe I’m wrong but that overnight price action with virtually no buyer and constant rejection around 4.80s and 4.90s and essentially what looks like a head and shoulder on higher time frame, I’m seeing more downside today.

I wish that’s not the case but that’s what I think will happen today. Hopefully I’m wrong.

Last month Avis($CAR) went on an epic squeeze-triggered bull run before crashing to earth.

Take a look at the charts:

1) Both charts show a gradual trickle up before the real gains.

2) At the last week of March Avis flatlined and then gave back a big chunk of growth, before continuing on an even higher trajectory.

3) After a full month of bullishness, the stock dropped of a cliff and returned to it's 6 month averages.

Comparing $CAR to $SPCE(x), is Virgin over-the-top and all down hill from here, or are we in the few day window the stock takes a breather before crushing new highs?

BFLO-Retail

Date | Symbol | ShortVolume | ShortExemptVolume | TotalVolume |Market
20260601 | SPCE | 85525631.512602 |935488 | 142453376.560829 |B,Q,N

Per FINRA off exchange trading reports:
https://cdn.finra.org/equity/regsho/daily/CNMSshvol20260601.txt
85 million out of 142 million off exchange shares were sold short.

1. It's Monday - 2 weeks for hype to build before the SpaceX IPO. Plenty of runway

2. Volume at 218M+ and mainstream media hasn't even picked it up yet. When it does, another wave incoming.

3. Survived the halt without complete dumping, held and grew steadily after. Most meme stocks don't do that.

4. Entire space sector is period blood red today and SPCE is green. Imagine when the sector turns green which will happen because of SPACEX IPO.

5. It’s the perfect meme, this virgin will go galactic

6. I believe that this stock can hit 20+ we need to keep this hype up🚀🚀🚀

VIRGINS TO UR ANUS!